Question

A dealer buys an article for Rs. $380$. What price should he mark so that after allowing a discount of $5$% he still makes a profit of $25$% on the article?

• A. Rs. $500$
• B. Rs. $475$
• C. Rs. $95$
• D. Rs. $465$

Answer 1

The correct option is A Rs. $500$

$CP=380$
$SP=\frac{125}{100}\times 380$
Let $MP=x$
According to the question
$\frac{95}{100}x=\frac{125}{100}\times 380$
$x=\frac{95}{100}\times \frac{125}{100}\times 380=Rs.500$